Victoria, Seychelles – December 19, 2024 – Bitget, a global leader in cryptocurrency exchanges and Web3 solutions, has unveiled a strategic partnership with the TRON blockchain. As part of the collaboration, Bitget has acquired $10 million worth of TRX, TRON’s native utility token. This partnership aims to enhance TRON’s presence in global onchain payments while broadening its use cases across CEX, DeFi, and decentralized applications.
TRON’s Unmatched Performance and Adoption
TRON has earned its reputation as a trusted Layer 1 (L1) network, attracting developers, institutions, and users worldwide. It has become the leading protocol for USDT onchain settlements, supporting over 278 million user accounts globally. Known for its efficiency, TRON processes fast and cost-effective transactions. In 2024, it recorded an average daily transaction volume of $10 billion and exceeded $1 billion in total protocol revenue, demonstrating strong user adoption and real-world utility.
Leaders Emphasize Collaboration’s Impact
Gracy Chen, CEO of Bitget, expressed optimism about the alliance, stating, “At Bitget, we focus on partnerships with ecosystems that deliver real-world impact. We’re excited to see how this initiative will bring value to both our platforms and the global crypto community.”
Justin Sun, the founder of TRON, echoed this enthusiasm, noting, “Our strategic collaboration with Bitget will support ecosystem growth, empower developers, and make TRON more accessible to everyone.”
TRON’s Expanding Global Influence
Since its launch, TRON has processed over 9 billion transactions, solidifying its position as one of the world’s most widely adopted blockchains. This partnership reflects a shared vision between Bitget and TRON to make blockchain technology more accessible and affordable for users globally.
About Bitget
Founded in 2018, Bitget has established itself as a premier cryptocurrency exchange and Web3 company. With over 45 million users in 150+ countries, the platform offers innovative trading solutions, including its pioneering copy trading feature. Bitget Wallet, formerly BitKeep, is a multi-chain crypto wallet offering functionalities like token swaps, an NFT marketplace, and a DApp browser.
Bitget is committed to driving crypto adoption through strategic collaborations. It serves as the Official Crypto Partner of LALIGA in EASTERN, SEA, and LATAM markets and collaborates with athletes like wrestling champion Buse Tosun Çavuşoğlu, boxing gold medalist Samet Gümüş, and volleyball national team member İlkin Aydın to inspire global crypto adoption.
For further details, visit Bitget’s website, Twitter, Telegram, LinkedIn, Discord, or Bitget Wallet.
About TRON DAO
TRON DAO is a community-driven organization dedicated to advancing the decentralization of the internet through blockchain and decentralized applications. Since its MainNet launch in May 2018, TRON has achieved significant milestones. As of December 2024, it hosts over 279 million user accounts, has processed more than 9 billion transactions, and boasts a total value locked (TVL) exceeding $24 billion, according to TRONSCAN.
Previously, TRON also supported the largest circulating supply of USDT stablecoins, surpassing $60 billion.
Learn more about TRON DAO on its website, TRON Network, Twitter, YouTube, Telegram, Discord, Reddit, GitHub, Medium, or Forum.
The post Bitget Announces Strategic Collaboration with the TRON Blockchain including the Acquisition of $10M of TRX appeared first on CryptoSlate.
